EDITOR’S COMMENT: Here is Part II of Doug Casey’s “Its a Dead-Man-Walking Economy” interview. Part I was published yesterday, “It’s a Dead-Man-Walking Economy” Part 1, and both Parts will be retrievable in our “Recent Posts” section, as well as our “Archives”.
By Doug Casey, Casey Research
L: As Bob LeFevre used to say: “Government is a disease masquerading as its own cure.” Want to update us on when you think the economy will Read More »
By Wayne Allyn Root
How would you like to retire with $6 million? $8 million? $10 million? All you have to do is become a government employee to hit the jackpot.
You don’t believe me? Do the math. I recently talked with a retired New York City toll taker. His salary averaged about $70,000 per year over 20 years. But in his last few years he worked loads of overtime and added in accumulated sick Read More »
By Alan Caruba
The Environmental Protection Agency is using its power to advance the objective of the environmental movement to deny Americans access to the energy that sustains the nation’s economy and is using the greatest hoax ever perpetrated, global warming—now called “climate change”—to achieve that goal.
“This standard isn’t the once-and-for-all solution to our environmental challenge,” said Lisa Jackson, the EPA administrator, “but it is an important commonsense step toward tackling the ongoing Read More »
EDITOR’S COMMENT: Here is a very lengthy and insightful interview with Doug Casey, head of Casey Research, in which he discusses his likely outlook for the economy, the world situation, and what he refers to as the “Greater Depression.” Obviously, his comments will make most of us feel rather uncomfortable. But, this is all part of our effort to make you aware, and, hopefully, prepared for the tough times ahead.
Many investors, both Read More »
EDITOR’S COMMENT: I normally read almost all of Mark Steyn’s periodic comments, almost all of which are both very insightful and timely. Every now and then, one of his commentaries stands out for its importance, and this is one of them. In his comments, he strongly suggests that not only are we headed for an economic crisis, but that it could develop suddenly, very suddenly.
By Mark Steyn for National Review
By Peter Morici
The Supreme Court is hearing arguments whether the Affordable Care Act requirement that all Americans purchase health insurance is an unconstitutional intrusion on personal liberty, or a reasonable discretion of federal powers to promote the general welfare.
Conservatives, by persuading a majority of Justices to overturn the individual mandate, could reverse Washington’s relentless push to over regulate individual and business behavior, but they could ultimately instigate their worst nightmare — a Read More »
By Peter Morici
The economy grew at 3 percent annual rate in the 4th quarter, but first half growth is likely to disappoint, renewing upward pressures on unemployment.
Fourth quarter growth was powered by stronger consumer spending—especially on autos, substantial additions to business inventories, and stronger multifamily home construction.
Through most of 2011 gains in consumer spending outpaced incomes; however, from November through January, real consumer spending was flat. In recent months, higher gas prices Read More »
By Axel Merk for Merk Funds
When Greece’s woes first rattled the markets two years ago, the pundits predicted a collapse of the euro.
The resilience of the euro has been due to a number of factors, not least of which is that the eurozone as a whole has a broadly balanced current account. As such, a misbehaving bond market doesn’t necessarily cause a plunge in the currency, as foreign buyers are not required Read More »
By Jeff Clark, Casey Research
Let’s just admit it: we’re invested in gold stocks not just to make money, but for the chance to change our lifestyles. And with their lackadaisical year-to-date performance, one may begin to wonder if they’re still going to bring the magic.
While the answer will depend as much on the individual investor as it does the market, let’s look at some historical patterns to get a hint as Read More »
America is losing wealth far faster than any other nation on earth is. In fact, since the mid-1970s there has been a transfer of wealth of almost 8 trillion dollars from the United States to the rest of the world. Sadly, most Americans have no idea what is happening. Most of them are completely unaware that America is being transformed from a wealthy nation into a poor Read More »
